4 Million Pi Tokens Suddenly Shifted to Private Wallets—Are Whales Positioning for a Rally?
Something’s brewing in the Pi Network. Over 4 million Pi tokens just vanished from exchanges into private wallets—classic whale behavior before a potential price surge.
Why this matters: When big players hoard rather than dump, it often signals accumulation before a bullish move. But let’s not ignore the elephant in the room—this could also be yet another ’buy the rumor, sell the news’ setup that leaves retail investors holding the bag (as usual in crypto).
Timing is suspicious: The transfers coincide with Pi Network’s recent mainnet milestones. Either these whales know something we don’t, or they’re about to teach another expensive lesson in crypto economics.
Whale Transfers, Wallet Moves, And Pi Price Prediction Risks
Major Movement Details
Over the past 24 hours, someone took 4M Pi from OKX and stored them in private wallets, yet another sign of massive gathering we can notice now. Crypto whales purchased another 20 million Pi coins worth $14 million after they had bought 16 million Pi worth $10.5 million in early May.
BREAKING: About 14M $PI was transferred from exchanges to wallets. pic.twitter.com/6hQEKr0sV0
According to Pi Barter Mall on their official X account:
Market Impact Assessment
Currently, you can buy a Pi coin for $0.73, much lower than its highest trading price of $2.99 in February. At the moment, the market is moving towards establishing support at $0.70, as exchange holdings reached their highest value yet of 397 million Pi tokens during the recent 4M Pi tokens movement. Technical indicators for Pi are, more or less, contradictory.
Middle- to long-term indicators indicate a strong upwards trend, while mid-term statistics reveal Pi whale activity is lower, creating recycling variations for traders.
Future Price Implications
If the 4M Pi tokens movement signals broader whale confidence, several analysts suggest Pi could potentially target the $1.74 level by late 2025. This represents the key 0.5 Fibonacci retracement level that many Pi crypto price prediction models highlight as an important resistance point.
However, bearish scenarios also remain possible if selling pressure intensifies, potentially pushing Pi coin market volatility toward the $0.60 support level.
Investor Considerations
Those who are part of the Pi Network see these 4M Pi transactions as both a chance and a potential danger. Accumulating large amounts of Bitcoin proves confidence by institutions, but it also suggests Bitcoin is becoming less decentralized.
Keeping track of exchange flows, wallets with large amounts, trading activity, and unlocking dates may identify if 4M Pi token movements indicate a bullish restart or if they are simply positions for future changes related to the further volatility in the Pi market.
Since Pi Network will likely be used for more things than just trading, experts project its market value could be anywhere from $5.50 to $22.00 in 2030.